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Trump's OBBBA offers $10,000 tax rebate on car loans — but here's why it's useless for most Americans
According to the provisions of the deduction, drivers may get up to $10,000 rebate in interest on an auto loan taken after December 31, 2024, for the tax years through 2025 to 2028, as per Investopedia.
Under Hawley’s bill, each adult would receive “at least $600,” as would each dependent child. The total rebate for a DINK household (dual income, no kids), for example, would be at least $1,200, while a family of four could receive $2,400.
Ashland Town Council approved the rebate agreement with Zaxby’s at its October meeting. The rebate is capped at $450,000 in meals tax repayment over a six-year period, and the agreement requires the Zaxby’s to open by June 1 and abide by other provisions to receive the incentives.
Officials are eyeing two major live music acts for Tiger Stadium in the spring of 2026, if the Baton Rouge Metro Council approves a tax rebate Wednesday.